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Forex Trend Analysis Report

Prepared for you on Thursday, April 22, 2021.

Japanese Yen/US Dollar (FOREX:JPYUSD)

Crossroads (+60) - JPYUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid JPYUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for JPYUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_JPYUSD
Open High Low JPYUSD Price Change
0.00925857 0.00927475 0.00924055 0.00926295 +0.00000400
Entry Signal

MarketClub’s Trade Triangles for JPYUSD

long term down The long-term trend has been DOWN since Feb 5th, 2021 at 0.00946405

intermediate term up The intermediate-term trend has been UP since Apr 18th, 2021 at 0.00920695

short term up The short-term trend has been UP since Apr 5th, 2021 at 0.00905945

Smart Scan Analysis for JPYUSD

Based on our trend formula, JPYUSD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for JPYUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00925857 0.00927475 0.00924055 0.00926295 +0.00000400
Prev. Close Volume Bid Ask Time
0.00925857 2021-04-22 23:04:13
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